Hongbaoli Group Corporation, Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 834.591 million compared to CNY 473.369 million a year ago. Operating income was CNY 33.765 million compared to CNY 32.497 million a year ago. Net income was CNY 27.064 million compared to CNY 24.855 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.04 a year ago.